There are a few threads that dealt with divergences
Check these :
I think that the main problem is that divergence is a subjective category and largely depends on after the fact estimates that usually works OK in ranging markets - trending markets tend to pull you in a trap as far as divergence is concerned.
People are trying to avoid those trap by shifting to higher time frames but than, the lag is only growing and the potential traps are still the same
Inverse fisher transform of RSX smoothed RMI : ift_rmi_rsx_smoothed_amp_alerts_nmc.mq4
Originally it was posted here : https://www.mql5.com/en/forum/180648/page444
Inverse fisher transform of RSX smoothed RMI - version with arrows : ift_rmi_rsx_smoothed_amp_alerts__arrows_nmc.mq4
No problem at all, I am very happy that you are a day trader and not a scalper, otherwise you would have no time to code and wouldn't be making great indicators....
So I will solve this minor problem by my self and let you do your business, like you are doing.
It's fine like that ...
_212 pattern upgraded : _212_pattern_mtfalerts_nmc.mq4
this modification I downloaded from another forum, but alert does not work. Could you fix it?
signal should be at levels 1 and -1
Dear mrtools and mladen,
please, would you be so kindly and create an alert if the band touching the blue / red band.
Would be very helpful !!
Lot of thanks in advance.
P.S: Sorry, wrong thread.
Also found a buffer that wasn't counted and the alerts should work at 1 or -1 in this version.
12345 pattern (from this post https://www.mql5.com/en/forum/180648/page446 ) updated : 12345_pattern_mtfalerts_nmc.mq4
Jim, would need the original source code before any modification can be done